HE SAID WE CAN BUY MONEY WITH TIME THAN TIME WITH MONEY.
2. Reread the paragraph that starts "But 25% more pay is not the heart of the matter." The author then says, "People who start businesses are more likely to get rich than anyone else." According to the author, why is this true?
BASICALLY BECAUSE A PERSON WHO IS WORKING VERY HARD TO GET THERE COMPANY OR SOMETHING RUNNING ARE MORE LIKELY TO SUCCEED THAN A PERSON WHO JUST SITS HOME DOING ANYTHING.
3. Explain in your owns words what the heading "The High Cost of Leisure" means given what has been covered so far in the article.
I THINK THAT "the high cost of leisure" MEANS THAT EVERYTHING HAS GONE UP SO MUCH THAT ITS NOT EVEN FUNNY ALSO SINCE IT HAS GONE UP NOW WE BASICALLY HAVE TO PAY DOUBLE TO BUY THINGS.
4. In what year in human history did productivity begin its "steady upProxy-Connection: keep-alive
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rd rise . . . of 2.5% per annum"?
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rd rise . . . of 2.5% per annum"?
SO THE UPWARD HAS RISE AND MULTIPLY FROM 500 TO OVER 1000 IN THE PAST 30 YEARS.
5. What was Thomas Edison's contribution to "overcoming nature"? How did his invention overcome nature?
6. According to the author, how do most of us overcome nature? WELL BASICALLY WE STOP FIGHTING FOR STUFF AND WE STOP HURTING NATURE BY BURNING TREES ETC.
7. According to the author, why do most people don't like to work? MOST PEOPLE DONT LIKE TO WORK BECAUSE THEY ARE LAZY AND DONT LIKE MONEY AND ALSO THEY DONT LIKE TO LISTEN TO OTHER PEOPLE.
8. According to Dr. North, how many hours does it take for a person to become competent with something? Divide that number by 365 and you will get the number of years it takes to be competent. How many years does it take for someone to be competent at computer engineering or selling real estate? How many years does it take for someone to be a master of a skill? IT TAKES A LONG TIME FOR A PERSON TO BECOME AN ENGINEER BECAUSE YOU HAVE TO GO TO A LONG PERIOD OF TIME SCHOOL ALSO YOU GOT TO WORK HARD TO BECOME THAT BECAUSE ITS REALLY HARD.
9. Gary North's article promotes and privileges creators over consumers. He says, "What most people do not recognize early enough is that they should find employment in a field in which the compounding process produces a sense of personal achievement that lures them back into an ever-greater investment of their time. The compounding process is what produces success, but the front-end costs, especially psychological costs, keep out most people. They willingly serve as salary earners rather than creators." What does he mean by the "compounding process"? I GUESS WHAT HE IS TRYING TO SAY IS THAT TO BE SUCCESSFUL YOU HAVE TO GO TO ALOT IN YOUR LIFE BECAUSE IF YOU DONT YOU WILL NEVER BE WHAT YOU WANT IN YOUR LIFE.
10. In his section on "The Problem With Schools," Gary North says that great teachers are not allowed to multiply themselves. What does he mean by multiplying one's self? HE SAYS THAT BECAUSE IF TEACHERS ARE BEING MULTIPLY LETS SAY BY HOW GREAT OF TEACHING THEY DO THEY ARE GOING TO GET PAID THE SAME SO OTHER TEACHERS TRY TO BE MORE GREATER THAN OTHERS JUST TO GET MORE MONEY.
11. According to Dr. North, who in the free-market is king and the person to whom we should serve? I GUESS TO NOBODY.
12. What lesson can you learn from the following story. "There is a man in my church who owns and operates motels. Back in the 1980s, he was in college, earning a degree in physical education. He was also making $60,000 a year in the motel business. His coach told him to quit school. "You're making more money than I am. Why do you want to teach junior high school boys, whose parents will be on your back to give their kid more playing time?" He wisely dropped out of college."I DONT GET THIS QUESTION SORRY.
